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mixed and virtually flat. today a nice rally underway by lots of aftermath and recovery after sandy. taking a look at these charts for you. seeing up arrows, the dow up 120 points, the s&p up nearly 1%, the tech heavy nasdaq up one and a quarter percent. you can look over a period of a month, the month of october we actually snapped a four month winning streak. october was a losing month on wall street butt kicking off november we're starting with up arrows across the board with names like home depot. everybody getting supplies to clean up after the hurricane, is a leader. lori: investors are loving the bullish economic data. better-than-expected jobs growth within u.s. companies adding more than 158,000 jobs last month. initial jobless claims dropped 363,000 last week better than expected. in the manufacturing sector we learned activity expanded at a faster pace than projected showing the industry is stabilizing..3 consumer confidence rose for the second month to a high not seen since february 2008. keep in mind report done before the hurricane. can we expect the stock market rally
. >> everybody is hot headed. everybody is upset [ bleep ] [ bleep ]. >> neil: all this stuff about sandy recovery thing going well. fox news alert, folks, it's not. welcome, i'm neil cavuto and a sandy response apparently crashing down. two million residents are still in the dark and cold. power outages no fewer than seven dates, gas lines stretching across miles. it's all spending frustration flaring. two days until election day, raising new questions it could boomerang on no less than president obama. more on that in a moment. first to the people still suffering like maria of staten island who is still left to pick up the pieces. how are things going? >> i wish they were saying going better but they are not. >> neil: blah is the problem right now? >> i know that the volunteers have been out there and i've heard that the marathon runners, to their credit have been and helping people as much as they can. the red cross is somewhere on staten island and national guard is here. there are massive amounts of volunteers giving out water and food. there are certain communities, large communitie
♪ ♪ imus in the morning ♪ >> a gas crisis, that's sandy's legacy today. and the numbers on the economy right before the election are not encouraging for the president. good morning, everyone. do you want gas? in the new york area, you will have to wait for hours, you want power? millions will wait for days, but it's the supply of gas that is today's crisis. driving to work will be almost impossible for millions. piled on top of the mass power outage, the whole nation's economy will surely take a hit. new numbers today, paint a grim picture on employment and it's a snapshot of the economy which remains weak. the latest fox news poll shows a dead heat and the candidates are tied five days to the election. we are we go. another big day. "varney & company" is about to begin. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is
! the election now three days away, anger and frustration continue to mount over the response to sandy. today, it is the tale of two remarkable lines, this for folks looking to fill up, as the shortage of gas leads to rational and more and these lines, folks lining up for early voting in florida. some waiting for four hours to vote. so far, more than 25 million americans have cast ballots in 34 states. we're on top of both, during the next two hours, with among others, louisiana republican governor bobby jindal on the storm after the storm, and we have former general electric ceo jack welch on the economic storm he sees brewing and congressman charlie rangel on the government's stormy response to sandy. and how it reverberates, first the latest for you on what is going on. forget the dollars, the sandy thing is turning dire, very dire. over 100 dead and the count expected to go higher as rescue workers reach the flooded homes and, mayor bloomberg predicting more bodies will be found and president obama holding a conference call with the governors of new york, new jersey and connecticut. and,
to get back in sync but nothing compared to what we saw with sandy. connell: getting back to normal is the latest on this from united after the computer glitch. thanks. dagen: israel moving troops south after the latest conflict in the gaza strip. does this spell greater unrest in the middle east? connell: the founder of five our energy is here answering questions that have come up in a report that this energy drink may be linked to 13 deaths since 2008. this is the response from the company but first let's look at oil today. we will have a lot more talk about oil throughout the hour, $86 a barrel. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. connell: former cia director david petraeus testifying tomorrow morning in front of the house and senate intelligence committees about the attack from the consulate in benghazi. and the number of things this morning, secretary of state hillary clinton, and
sandy disaster. and when is all this going to end? frustrated drivers want some answers. we will see if they get any today. we have stocks every 15 minutes. sandra smith after new york stock exchange with a little bit of green today. sandra: a little bit of bounce back but not much of one after the selloff post election the last two days. the dow up about 17 points. green arrows across the board. gold is up, oil is up, getting a little bit of a bounce in the markets selling off after the election. this stock not getting a bounce back. jcpenney down in today's sessions. a 3% loss for the company after a narrower than expected loss for the quarter. sales missed estimates getting hit hard today, the number for r worst performer in the s&p 500. that turnaround not working, still looking at the results. connell: as the market has told him, this fiscal cliff is a big deal. rich edson with what we can expect from their later. >> we can expect the president to address economic growth and the deficit. we have the fiscal cliff negotiations beginning on capitol hill. the congressional budget of
people from that area. at least two dozen homes damaged by flying debris. the affects of sandy lingers tens of thousands still without any power. frustrated residents there. protesting the long island power authority saying it is unacceptable. they should have 99% power restored by tomorrow. back to connell. connell: a big decision coming for the president. he will have to pick a new treasury secretary. that decision, whoever he picks to replace tim geithner, it could tell us a lot about him. the president and ceo at the american thinker association joins us now. former clinton chief of staff or -- >> since i do not have a choice, i do not think i can speculate. those are good names. simpson had a lot of similar ideas two hours. jack lu is a very capable person as well. the senate will confirm who have experienced. knows how to make loans and make deposits. someone will set it for the economy to remains the richest in the world. look at sedatives and education system in the country to encourage americans can be employed and remained employed throughout their entire lives. this is a hug
of hurricane sandy. tempers are growing short. indeed, they are understandably short. bell live report for you on the recovery efforts on one island. we are joined in just moments. the. ♪ lou: president obama today announcing he plans to visit victims of hurricane center in new york next week. this, as patience is wearing thin in the most hard-hit areas in new jersey and new york where more than half a million homes and businesses remain still without power. eleven days after the hurricane struck. fox news senior correspondent rick leventhal has our report. oceanside, new york. >> thirty years gone. just like that. >> reporter: trash trucks finally reached the town of oceanside on new york's long island for the first time since sandy 11 days ago. residents are still in the dark. >> no response from anybody, sanitation. should he turned the electric off, but the electric on. no direction. >> reporter: across the region hundreds of thousands of customers are still without power, heat, or answers. one long island utility company said it was running out of supplies, which outraged new york's gov
-mart will be in the 2% area. cheryl: at the same time wal-mart it seems to be getting a bit of a boost from sandy that will help of the bottom line. what do you say? >> i believe they're back to where they were in the old days. close to 3% top. i think that is a temporary gain giving up the gross margin for them and it will result in sales not being as strong going forward as it plays out, so i am more thrilled with wal-mart. i do think wal-mart is a big beneficiary whenever we have a restocking going on. cheryl: wants to switch gears to jcpenney. the new ceo has been lowering the expense of the shareholder, still negative on jcpenney right now? >> you pick that out of two pages? i was very negative because i did not see how they're ever going to get this done fast enough to justify the stock price. now could it be 15? yes. but it is very interesting. i love the new shops. we would rather buy it down 45 and before it went down 45. cheryl: the competition you are seeing seems to be cold. they cannot get the product mix in the next few months, what you say? >> kohl's is not too much of a sales pick
to, i assume see people who are still suffering the effects of hurricane sandy which many people is say is further evidence of how a warming globe is changing our weather. what specifically do you plan to do in a second term to tackle the issue of climate change and do you think the political will exists in washington to pass legislation that could include some kind of a tax on carbon? >> you know, as you know, mark, we can't at attribute any particular weather event to climate change. what we do know is the temperature around the globe is increasing. faster than was predicted even 10 years ago. we do know that the arctic ice cap is melting, faster than was predicted even five years ago. we do know that there have been extraordinarily, there have been extraordinarily large number of severe weather events here in north america but also arrund the globe. and i am a firm believer that climate change is real, that it is impacted by human behavior and, carbon emissions, and as a consequence i think we've got an obligation to future generations to do something about it. now in my first
. wall street analysts saying the drop was the impact of superstore sandy in consumer uncertainty about the weak economy and the prospect of a steep dive off the fiscal clef. a wave of strikes and protest against government austerity programs in europe sweeping across spain, portugal, and greece today. labor unions have called those protests and other than as the largest since the start of the will or recession of 2008. but many economists say it will likely have no political impact says union members have become an increasingly small minority of european workers. the convent overall is suffering from purchased fatigued. the country can avoid its own fiscal cliff, with the only solution is to raise taxes on americans and businesses earning over $250,000 per year. a group of top ceos, they were encouraged. my next guest says rising tax rates will stifle business growth and cost jobs. good to have you with us. >> good to be here. lou: this president wants new taxes. that is a heck of an initial bargaining position. >> the president talks about tax rates. he wants tax rate increases, and t
sandy and in corporate news, texas instruments gaining a fraction and announcing it will lay off about 1700 of its employees. about 5% of its workforce. overseas, officially knowledge acknowledging that they are back into recession. the economy shrinking. a 10 year on note shrinking. the housing market is improving, but obstacles still block a faster recovery. >> it seems likely this point that the pendulum has swung too far the other way. that overly tightened lending standards may now be preventing creditworthy borrowers from violent homes. thereby, slowing the revival of housing and keating economic recovery. lou: the good news is that i can do something about that. "the wall street journal" reported the federal housing administration has a $13.5 billion deficit. let me repeat that, $13.5 billion deficit. it is not official, but it is all but certain. oil giant bp and the justice department reaching a settlement over the deepwater horizon disaster in the gawker of the worst offshore oil spill in american history. bp oil agreed to pay $1.5 billion related to the death of 11 workers.
gas... putting us in control of our energy future, now. neil: and then there is sandy. the latest tally, don't know how they do it, $50 billion storm. i guess they figure in the businesses shut down, insinuating damages and repairs, a third of that in the state of new jersey alone. it is an ongoing mess and getting messier, who knows. he dealt with something very different called 9/11 but he knows about how this escalates before your eyes. >> this has been a terrible storm, they be one of the worst in history. i think it has been handled well. i can't see any fault with the way the emergency response works in new york, in new jersey. look, i think you have to do it. that is the right thing to do. what are you going to do, in the middle of an emergency committee the presidents help, you need coordination. exactly how to do it, why to do it, it is interesting he met with governor christie and didn't meet with mayor bloomberg and mayor bloomberg endorsed him. neil: you had to reach out to the other side, 9/11 you are working with the democratic senator at the time, you have to, botto
Search Results 0 to 20 of about 21 (some duplicates have been removed)